Real Estate Trends
Top 10 U.S. Counties With Highest Income Needed to Buy A Home
According to ATTOM’s just released Q2 2022 U.S. Home Affordability Report, affordability has worsened across the nation this quarter amid a renewed jump in home prices that has pushed the typical portion of average wages nationwide required for major home-ownership expenses up to 33 percent. ATTOM’s latest home affordability analysis found that... Read More »
Home Affordability Worsens Across U.S. During Second Quarter Of 2023 As Home Prices Tick Upwards
Major Home-Ownership Expenses Consume One-Third of Average Wage; Historic Affordability Hits Low Point Since 2007; Affordability Declines as Median Home Price Spikes 10 Percent IRVINE, Calif. – June 29, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its second-quarter 2023 U.S. Home Affordability Report... Read More »
Top 10 ZIPS Flipped in Q1 2023
According to ATTOM’s Q1 2023 U.S. Home Flipping Report, there were 72,960 U.S. single-family homes and condos flipped in the first quarter, representing 9 percent of all sales. That figure was down from 9.4 percent of all home sales in Q1 2022, but still up from 8 percent in Q4 2022 – hitting the second-highest level this century. ATTOM’s... Read More »
Home Flipping Activity Remains High Across Nation As Investor Profits Show Signs of Improving in First Quarter of 2023
Flipping Rate Across U.S. Rises Close to High Point This Century; Typical Profit Margins Inch Up but Still Near Lowest Level Since 2000; Raw Profits Remain Near 10-Year Low IRVINE, Calif. – June 22, 2023 — ATTOM, a leading curator of land, property, and real estate data, today released its first-quarter 2023 U.S. Home Flipping Report showing that... Read More »
Top 10 U.S. Counties Most Affected by Housing Market Downturn in Q1 2023
According to ATTOM’s Q1 2023 Special Housing Impact Report, which spotlights how the recent U.S. housing market downturn is starting to affect counties around the nation, the Western region and other more-upscale areas are bearing the greater brunt so far. ATTOM’s latest analysis, based on key measures from Q1 2023, found that the West and those... Read More »